World’s central banks are wary of AI and struggling to quit the dollar, survey shows
Central banks cautious about AI risks, survey finds AI mainly used for basic tasks, not core operations Dollar…
Nigeria’s central bank holds key rate, wants inflation to fall further
Monetary Policy Rate stays at 27% Economists had predicted another rate cut Analysts say lower deposit rate signals…
US slashes 36% off Medicare spending on 15 high-priced medicines
Medicare says negotiated prices for 15 drugs to cut spending by 36% New prices to take effect in…
US government pullback from climate science fuels boom for private data firms
Earth intelligence sector revenue to exceed $4.2 billion by 2030 Concerns over data accuracy and access for those…
New AI club to bestow nuclear-like power, says Russian tech boss
Item 1 of 2 Alexander Vedyakhin, First Deputy CEO of Sberbank, speaks during an interview with Reuters at…
World Bank lifts Kenya’s growth forecast on construction sector optimism
NAIROBI, Nov 24 (Reuters) – The World Bank lifted Kenya’s economic growth forecast for this year to almost…
Investors eye holiday season turbulence amid AI and rate cut doubts
S&P 500 down 4% from Oct record high, Nasdaq off 7% from peak Volatility rising, indexes see biggest…
UAE announces $1 billion initiative to expand AI in Africa
JOHANNESBURG, Nov 22 (Reuters) – The United Arab Emirates said on Saturday it will invest $1 billion to…
Dollar hedging frenzy fades, bringing relief to greenback
Investor hedging of dollar exposure has slowed, traders say Development supports case for dollar recovery BNY client data…
Top ECB officials urge EU to remove internal barriers amid Trump tariffs
Item 1 of 3 European Central Bank President Christine Lagarde delivers her keynote speech at Euro Finance Week,…
Energy bills to edge higher for most Britons after 0.2% price cap rise
Ofgem increases domestic price cap by 0.2% due to higher policy costs Government under pressure to unveil measures…
Jitters over AI spending set to grow as US tech giants flood bond market ​
Tech giants’ bond issuance raises market absorption concerns Investors demand premiums for new tech bond deals AI spending…